Tech

Shiv Nadar to infuse fresh Rs 25 cr. equity into Network Ltd.

By : CIOL Bureau

Network Ltd., a Shiv Nadar promoted company, has decided to infuse fresh equity of 55.75 lakh shares valued at Rs 25 crore through a preferential issue. This was decided, so as to repay its debt to the tune of Rs

HP and Nortel tie up for sales and support of Nortel products

By : CIOL Bureau

Hewlett-Packard Company and Nortel Networks has announced a network services alliance under which the companies will jointly deliver network lifecycle services and support, including consulting, design, support and reselling of Nortel Networks’ solutions. This announcement reinforces Nortel Networks’ Unified Networks

Microsoft to purchase Visio

By : CIOL Bureau

Microsoft Corp. said that it agreed to buy Visio Corp, a maker of technical drawing software, for stock valued $1.3 billion. Under the agreement Seattle-based Visio will become a division operating within Microsoft’s business productivity group, which includes the Office

Seagate to slash 8,000 jobs

By : CIOL Bureau

Seagate Technology said it would cut 8,000 jobs, or 10 per cent of its workers, as part of a plan to streamline operations while prices continue falling. Seagate will take a $200 million pre-tax charge this quarter for the cuts,

Chennai Telephones to offer Net, cellular services

By : CIOL Bureau

CHENNAI, September 7: Chennai Telephones, the city’s monopoly basic telephony service provider, will soon be adding a gamut of services. Chennai Telephones plans to become an Internet Service Provider (ISP) in four months. The second will be cellular service, within

Intel invests in RiteChoice

By : CIOL Bureau

BANGALORE, September 16 : Intel Pacific Inc has picked up between 20-25 per cent equity stake in Chennai-based software firm RiteChoice Technologies Pvt Ltd, a provider of enterprise solutions for stock brokerage houses in India. This is the first time

SDRC to become solutions provider

By : CIOL Bureau

NEW DELHI, September 16 : SDRC India Pvt. Ltd., the subsidiary of the CAD/CAM company SDRC, is planning to align itself to its global vision of becoming a solutions provider as against the traditional focus of a technology provider. This

Galileo launches Internet-based products

By : CIOL Bureau

NEW DELHI, September 16 : Galileo India, a provider of electronic global distribution services for the travel industry, has launched two Internet-based products–FocalpointNet and Travelpoint.com. "The introduction of these Net enabled products will break new ground by providing an e-commerce

Millthree training school in Chennai

By : CIOL Bureau

Millthree Solutions Pvt. Ltd., a training company, has recently been opened in the city. To start with, the school will offer courses covering Java, Corba, DHTML, ASP, Perl, SERVLETS, Java Beans, Java Security as well as e-commerce. The training center

SGI servers selected for National Internet Backbone

By : CIOL Bureau

SGI-India has announced that it has bagged the order for the supply of high performance servers for the first phase of the National Internet Backbone (NIB) project being implemented by the Department of Telecommunications (DoT). SGI was part of a

Oracle earnings up

By : CIOL Bureau

Oracle Corp. the database software maker said its fiscal first-quarter ended August 31 net income rose 21 per cent, surged by higher sales to companies trying to power electronic commerce over the Internet. Net income rose to $237 million or

Hardware Hitech park in Tirunelveli

By : CIOL Bureau

A hitech park to manufacture computer hardware is likely to be set up in Nandeneri, 8 km from Tirunelveli, Tamil Nadu. The Tamil Nadu Industrial Development Corporation (Tidco) along with two American companies is planning to invest about $ 150

TCS launches Unigraphics’ Solid Edge version 7

By : CIOL Bureau

Tata Consultancy Services and Unigraphics Solutions (UGS) announced the launch of Solid Edge version 7, a mid-range mechanical computer-aided design solution from UGS. Solid Edge will address the CAD/CAM market in the 3-D arena and will address the mid-range market,

NASSCOM signs software pact with Israel

By : CIOL Bureau

India and Israel signed a Memorandum of Understanding (MoU) to increase cooperation in the IT software and services sector. This MoU was signed at Tel Aviv, Israel by NASSCOM President Dewang Mehta alongwith IASH (Isreal) Chairman Amiram Shore. According to

Informix launches Internet Foundation.2000 in India

By : CIOL Bureau

Informix International Inc, an enterprise database solutions company, has launched its high-performance, extensible data and content management platform for the Internet–Informix Internet Foundation.2000–in India. Based on Informix’s Centaur database engine, Internet Foudation.2000 incorporates both database and application server capabilities within

CBSI launches e-commerce training program

By : CIOL Bureau

CBSI the e-commerce solutions provider has launched e Biz, a training program on e-commerce, in Secunderabad recently. The program will give trainees the benefit of web based development process. The course has a duration of 150 hours covering Internet and

Intel boosts network systems business

By : CIOL Bureau

Intel Corporation has announced the Intel6000 Series Switch and the Intel Express 9500 and 8200 routers, new products that significantly expanded Intel’s network systems offerings. With the addition of these products, Intel has broadened its network systems offering to provide

NavinMail – New international voice communication service debuts in the US

By : CIOL Bureau

International communication is changing with the advent of NavinMail, a Voice Messaging Service that makes staying in touch across the globe easy and inexpensive. The key feature of NavinMail is the ability to call a local telephone number and leave

Tektronix unveils MTG100 and MTG300 to the market

By : CIOL Bureau

Tektronix has unveiled the MTG100 and MTG300 MPEG-2 Generators for circuit design evaluation and conformance testing of compressed digital video products. These new instruments provide storage and playback of MPEG-2 transport streams compliant with the ATSC, DVB and ARIB standards.

Lucent, Share and Care Foundation outline initiatives to support Youth development

By : CIOL Bureau

Lucent Technologies announced that it will award grants worth US $ 500,000 to aid more than 4000 young people across India. This is being made possible by Lucent’s arm, the Lucent Technologies Foundation, the funding will support sponsorships and vocational